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20130113
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English 30
Search Results 0 to 29 of about 30 (some duplicates have been removed)
CNBC
Jan 15, 2013 4:00am EST
irreparable damage to the u.s. economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that means. >> exports in november, down 94.1 billion is where we essentially went. 98.4 billion was the october numbers. so exports in november driving down. and that gdp number is worth pulling out. exports for the year, up 4.1%. as far as production is concerned, it was up 2% in november. but the forecast were for it to rise up 1%. it was a very weak october, as well. it was this production and that production number. when that came out, it essentially made people put a pretty fourth quarter in the whole, kelly. what we're trying to do is derive what the annual figure was. >> exactly. and before we get to that
CSPAN
Jan 17, 2013 12:00pm EST
and our economy. and finally, reform that recognizes the need for safety and security on our boarder and in our communities. with democrats and republicans recognizing the moral, economic and political imperative to create a 21st century immigration process, the 113th congress marks the best opportunity for broad immigration reform in nearly a decade. but for legislation to pass, it will take leadership. leadership from the administration, from congress and from faith, law enforcement or and business leaders at all levels. in each case the leadership that is needed must be strategic, disciplined and unified. our speakers today are exactly that; streej i disciplined and unified. our unity of purpose comes from the common crisis facing families and businesses in our midst and cuts across professional sectors, geographic regions, political stripes and religious beliefs. our consensus lies in a common belief that all americans prosper when we welcome immigrants and empower them to participate fully in our society. we have a broad, a range of speakers today from these three constituencies
CNBC
Jan 14, 2013 6:00am EST
coming this week. joining us now is jeff clinetopp at lpl financial. on the economy, dick hoey. jeff, it's going to start with you because i'm interested to see we could have not just a lower than expected increase in earnings this year, but maybe even a negative year since aus thegs companies and profit margin is were peaking. is it possible the s&p earnings do not grow this year? >> there's a distinct possibility earnings don't grow. our expectation is they grow a very small amount, but a lot of that is coming from share buyback these year. this quicker alone is a testament to that. this fourth quarter, supposed to be the lowest earnings dollar total for any of the quarters of last year. that's not the way it's supposed to work. fourth quarters is supposed to be the highest earnings total. but we've got that uncertainty lingering for 2012. this week, we'll hear from a lot of the fms. they have the highest earnings expectations for 2013. mortgages are doing well. but the less favorable -- >> and we know how difficult it has been to grow revenues year over year. so that's difficult and y
CSPAN
Jan 15, 2013 7:00am EST
escalates the fight on the w economy. is the debt ceiling negotiable? your thoughts? send us a tweet or post your comment on facebook. you can also send us an e-mail. president obama held his last official news conference of the first term yesterday in the east room of the white house. here's what he had to say on the debt ceiling debate. [video clip] >> republicans and congress have two choices. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect ransomed in exchange for not crashing the american economy. the financial well-being of the american people well-being is not a leverage to be used. the full faith and credit of the united states is not a bargaining chip. they had better choose quickly, because time is running short. the last time republicans in congress even flirted with this idea, r. triple-a credit rating was downgraded for the first time in our mystery, our businesses created the few jobs in any month in nearly the past three years, and the whole fiasco added to the deficit. ho
KRON
Jan 14, 2013 7:00am PST
now our economy is growing and our businesses are creating new jobs. we are poised for a good year. if we make smart decisions and sound investments. as long as washington politics and do not get in the way of america's progress. as i sat on the campaign, one component to growing our economy is shrinking our deficit and a balanced and responsible way. for nearly two years now, i have been fighting for such a plan. one that would reduce our deficit by four trillion dollars over the next decade which would stabilize our debt and our deficit and sustain us for the next decade. that would be enough not only to stop the growth of our debt and the size of our economy and make it manageable. education and job training in science and research and all of those things that help us grow. step-by-step, we have made progress towards that goal. over the past few years and signed into law 1.4 trillion dollars in spending cuts. two weeks ago i signed into law more than $600 billion in revenue by making sure the wealthiest americans began to pay their fair share. when you add the money that we will
CSPAN
Jan 14, 2013 8:00pm EST
spend on everything from education to public safety less as a share of the economy that has been true for a generation. that is not a recipe for growth. we have to do more to stabilize the finances over the medium and long-term, and also spur more growth in the short term. i have said i am hoping to making modest adjustments to programs like medicare to protect them for future generations. i also said we need more revenue for tax reform by closing loopholes for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we consult the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they do not think it is fair to ask a senior to pay more for his or her health care or a scientist to shut down like that saving research so that a multi millionaire investor can take less in tax rates then a
CSPAN
Jan 17, 2013 8:00pm EST
administration, it didn't happen in one fell swoop to get our economy in great shape and move toward a balanced bump started off with three phases. started with president bush's actions, the first president bush, in terms of taxation, before president clinton took office. then the actions the president took in '94 and then in '97. well, we think there's a third phase here that can set our country on a path that will allow us to get our debt, the gdp, our deficit to gdp, down around 3%, which is the basis of which all economists left, right, center, agree, are the areas which we really can begin to grow as a country. and also my grandfather used to say, with the grace of god and good will of the neighbors, cooler heads will prevail between now and the time we deal with the debt ceiling, that we may very well be able to meet the goal which we set out to do, which is to have roughly a $4 trillion cut over ten years, and in the long-term deficit and put us on that path. but i didn't come here to talk about any of those important subjects today because, as important as they all are, today we have a
FOX Business
Jan 14, 2013 1:00pm EST
or markets could go haywire causing a self-inflicted wound to the economy. is he exaggerating? what's the take on the remarks in reaction how the debt ceiling sorts itself out? >> i don't think he's exaggerating at all. we have these debates every year right now, and we have the better part of the last 20 years, but it seems like when it comes to the wire, we always find a way to raise the debt ceiling, get washington back to work again, and that is our expectation. the difficulty is that the uncertainty in washington is freezing the treasury mark and investors. >> okay. back to ben bernanke, commenting this afternoon, if he reassures wall street he plans to continue the bond buying for as long as it needs to happen to get unemployment back, to get the economy growing. do you think that will keep rates depressed or signals, yeah, you know, we don't need to continue with this as long as we had initially planned to. do you expect a sharp, a rise in rates in take it from there. curious to where you think rates are headed. >> lori, between now and the date of sequesteringen on march 1st
CNBC
Jan 14, 2013 9:00am EST
in the second half of this year, we could start seeing some economies get traction again. of course, some of the very badly hit economies like greece, it will take longer. but europe i think should improve. >> the chairman and ceo of mercedes-benz joining us first on cnbc. the e-class rollout here earlier today. i'm not sure that i have ever seen an unveiling with as many people as were jammed in here to the mercedes stand today here in detroit. back to you. >> that is a big deal, phil. you've seen your share of unveilings, that's for sure. phil lebeau in treat today. one food company on the move, let's get to kayla tausche who is manning the market flash desk. >> watching flowers foods. that's a southern food company, flo. about $4 billion in market cap, that stock up more than 6% hitting an all-time high on its first trading day after signing an agreement to acquire the majority of the bread businesses from hostess brands. that includes wonder bread. of course we're still waiting for some of the other bidders for some of the other units to be announced. right now flowers is the bid to b
CSPAN
Jan 16, 2013 12:00pm EST
the economy collapse. and in classic washington fashion, this is the case with the schoolhouse is on fire and rather than focusing on putting the fire out, everyone in washington runs out to use as much water. the budget deficit is the economy right now. that's the to 50 minute like that but that's the truth. i think it would be great if an organization with strength and integrity of a or b. would stand up and make the point because we're having an entire budget that is basically premised on something that is not true. >> i agree with you. we do have underlying pieces of our economy that need to get fixed. but massive change in spending and we've already cut a trillion dollars over all in spending. we've cut medicare as part of the political their act. we have to be really careful and just solving these problems by cutting spending. .. >> we do it in a way that supports families and the population that we have. >> let me just add to that. i agree with you, but unfortunately, most of the people on social security will be on fixed budgets. and so there's still a danger having out-of-pocket
FOX Business
Jan 15, 2013 11:00am EST
can that continue? >> slightly lower, down at 180. people think it will be bad for the economy. risk assets and things like equities did to get sold. the quality still is the u.s. treasury, the u.s. government. rates fall. that is one side of it. the big question is, where is elsewhere? that will be the big question. i think just a matter of time if we do get to this point, deficits are so large, at some point you'll have to pay the price at higher borrowing costs. at some point, that will be the ultimate outcome. dagen: for does that mean? you manage municipal bonds if the democrats have their way in raising taxes even more, that is good for muni bonds? >> the day after the election, we had a tremendous rally. the perception was taxes may go off. we have to deal right new year's eve. i talked to more people of the last few days who opened that first paycheck and their reaction was, boy, that tax fight was pretty big. that is the fact in front of us. i think it is likely that president obama will, as he has in the past, copy the value of deductions. i think it will be difficult to ul
FOX Business
Jan 14, 2013 9:20am EST
as a proportion of our economy and that means we're bailsically stabilizing, we're going to be okay. what do you say to that. >> i hope that's true. that means that economic growth will pick up dramatically and bring tax receipts way up and it will also bring spending way down awes get people off food stamps, off welfare, off unemployment. the best form of welfare is still a high paying job. stuart: do you believe it? >> i don't think it's true right now, no, i don't think these policies will do it. stuart: not now, obviously, not. debt as a proportion of the economy keeps going up. >> it's bigger and bigger, and the deficit doesn't seem to be getting really teenie tiny either, does it stuart? >> no, just not. 3 1/2 billion extra every single day. >> i know, amazing. stuart: tell me how it actually affects our economic growth rate. how does it it do this? >> well, now, with low, low, low, low, interest rates, it doesn't increase the use of tax receipts it pay interest on the debt. but as interest rates rise, which they will, it will have an enormously deleterious effect on growth rates. it reall
CSPAN
Jan 16, 2013 5:00pm EST
job creation and the american economy. today we will hear from s.e.c. commissioner danny gallagher who i think is well-positioned to lay out an agenda for this in the next year. we hope this is an agenda that can attract strong bipartisan support. mr. gallagher brings a unique combination of backgrounds. he started as general counsel for a financial services firm. then joined the staff of commissioner paul atkins and worked for commissioner, worked for the -- at the f.c.c. as deputy director and then acting director in one of the largest divisions. he's been on the senior professional staff, then was in private practice and about 14 months ago was confirmed by the u.s. senate as securities and exchange commission commissioner. i think everybody who who knows him will know several things about him. he is smart, he understands the complex issues. second, he is -- he has an ability to see another person's perspective and find consensus and make forward progress on issues and understands that you can achieve consensus while still remaining true to principle and finally that he is a great p
KICU
Jan 17, 2013 4:00am PST
in line with expectations, but the outlook fell short. and the fed said in its beige book, the economy expanded across much of the country last month, but hiring was hampered by politcial uncertainty coming from washington. todd horwitz of the adam mesh trading group joins us on this thursday morning. good morning to you. a lot of traders are talking 1475 in the s&p 500. what is it going to take to get there? > > good morning. you know, we're close. right now the markets are in a tug of war between the bears and the bulls. they are trying to get to that level. yesterday morning we had big boxcar earnings from j.p. morgan and goldman sachs. that was not enough to propel the markets through those levels. i think the market anticipated a lot of this good news ahead of time. so i think we are going to languish around here. you can see by the falling volatility and the complacent markets that we are probably a little ways away from pushing through that level. > what about citigroup and bank of america, which are now going to report in? > > i think those earnings will probably be just like j
MSNBC
Jan 14, 2013 2:00am PST
're seeing is your typical gasoline-engine cars getting really good fuel economy. 30 and 40 miles per gallon. >> reporter: 50 new vehicles will be unveiled at this showing, including the new corvette, uncovered last night. >> that will be the star of the show. >> reporter: a close second might be the array of new luxury vehicles which these days come mo more than just leather sheets. mercedes revamped the popular e class of cars and overnight released its first compact. >> we are very, very sure this goes right into the center of the heart of our u.s. customers. >> reporter: a customer base that industrywide continues to grow. >> we are seeing the best sales since 2007. >> reporter: and this week in the motor city we're getting a first look at what they'll be buying. and a marketplace that from the looks of things here, veronica, will be defined by some sleek lines and strong technology. that's the latest live in detroit. i'm jay gray, veronica, what model can i bring home to you? >> i like the new corvette. can you put that in your pocket? >> i'll just drive it home. >> reporte >> sounds go
CNN
Jan 14, 2013 11:00am PST
the american economy. >> also, need to tell you the president did speak about his gun violence effort. he's had the package put together by the vice president is on his desk today. and he will talk about it a little later on this week. want to bring in two people here, ali velshi with me from new york, and gloria borger there in our nation's capital, to you both welcome. ali, it has been more than a year since that whole previous debt limit debacle. and i know you are saying, especially comparing this to what we just saw on new year's day with the fiscal cliff, this is going to be much, much worse, much bigger deal. talk to me about what we're debating or as the president puts it not debating? >> what we're debating or not debating is the idea that the debt ceiling in the united states is a very unusual tool, only one other country has it. and it is because what used to happen is whenever the government needed to spend money, particularly when you're in a deficit, the treasury of the united states would have to go out and issue bonds in order to get cash to pay for it. and that was just a cumbe
CSPAN
Jan 15, 2013 12:00pm EST
that we have a uniform rule of economy gent circumstances. that, her suggestion complies with your objection. >> well, if i'm understanding it correctly, i think our point is this, which is that the police officers have to act reasonably in the situation. in the situation they know for sure the evidence is going to be lost, they know that every minute is critical, for example -- >> so many situations in which we require a warrant, nevertheless. when there's drug dealing in a house, every time -- it's almost a certainty that they're going to use the drugs, and that evidence is going to disappear. you rely on knowing that there's likely to be telltale signs left over. and that's the same thing you do in an alcohol situation. you rely on the testimony of the police officer, you rely on the implied consent presumption. it's not as if this is destruction of all evidence. and not like a fleeing situation where someone gets away, you have nothing left. this is vastly different. >> i mean, with respect we disagree. this evidence is critical, and the number matters. i mean, it is the case t
CSPAN
Jan 16, 2013 7:00am EST
of this country, because the consequences of a default would ripple throughout the economy of. this of i just saw an article yesterday that said the people are now drawing on their retirement funds, the middle class of this country. so we now want to have a debt ceiling threat that would cause further erosion in the stock market, that would essentially make things begin to go haywire? i guess the republicans are going to be sinking this weekend how to proceed. i think they need to proceed with sensibility and common sense instead of an effort to be so extreme that you threaten the economy of the country. host: house republicans leaving for a retreat tomorrow to discuss - guest: they should retreat from the idea of using the debt ceiling. host: the referenced the wall street journal this morning. -- you referenced. many republicans see a debt limit showdown as risky. pat toomey said tuesday he would introduce legislation next reconstructing the white house caprettto prioritize the government's bills. guest: we have had some deficit reduction. as the president laid out a couple days ago, we have ha
ABC
Jan 17, 2013 1:40am PST
is a bundle of joy for california's economy. a future worker. a future taxpayer, and a future buyer for your home. trouble is, there aren't enough women having babies. that spells potential crisis for the future of the state. >> i want to get married, have a career, all these things. most of my friends feel the same way. i think our generation wants to wait longer. we don't really see ourselves with kids in our 20s. >> maybe it's the economy. people with making sure they have enough for themselves first. >> we peaked in california in 1990. >> reporter: dell myers from usc sees a convergence of troubling trends. on top of a declining birthrate, there is a growing senior population. that means a shortage of doctors and caregivers in the supply pipeline to serve the aging. >> basically, there's almost twice as many seniors now per working-age person, or there will will, than tha there have been traditionally. >> reporter: aggravating factors are declining education opportunities and a higher cost of living in california. fewer people are coming to the state, including undocumented workers. myer
FOX
Jan 17, 2013 5:00am PST
.s. economy and japan nikkei was up only slightly and they look to the yen as a good sign for exports. trading yesterday, the dow jones industrial average started today at 13511 and right now it looks like a little bit of a higher opening across the board for all three major index. apple gained more than 4% closed at $500 a share boosting the nasdaq. apple's stock is down 28% from its all-time high last september but the cupertino based company remains worth $471 billion and right now it looks like it will trade up to $2 a share this morning. >>> on the bay area, movies about steve jobs and they are about to premier. >>> a great white shark encounter caught on tape by some nervous fishermen, how long it stuck around their boat. >>> and plus you can get the morning's top stories while you are sleeping send straight to your cell phone at 6:00 a.m. text the word wake up by 70123. iyin)Ñ)ogóçÑóçíç'Ñy?oo . >>> two australian fishermen had a good look at a great white. they were fishing when this big guy circled their boat bouncing along the side of their boat even putting its nose on the e
ABC
Jan 18, 2013 5:00pm EST
. this is a positive thing for the city and the economy. >> the wrights flu in from florida. >> we -- flew in from florida. >> we're excited to be here and engage in an american tradition. >> despite all the people coming to town, there are still open hotel rooms. occupancy ratings are about 70% right now they were 90% four years ago. you can expect to see deals out there this weekend. reporting live in northwest washington suzanne kennedy. >> now as businesses prepare for a busy three days the transit is getting ready for >> the rush is on already as hundreds of people are inside trying to transform this convention center into a three-story party place. they have three days left to get ready for tens of thousands of party goers. in 2009, the president and the first lady appeared at 10 narble balls. >> the president will dance at all three levels. >> the top floor is reserved for the commander in chief ball and the only place you will see the presidential sale. one floor down it is set for the kids narble -- inaugural concert. >> brad paisley, jennifer hudson smoky robin
CBS
Jan 20, 2013 6:00am PST
technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ ♪ smoke? nah, i'm good. ♪ ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology. quit one day at a time with nicoderm cq. >> osgood: season 3 of downton abbey, the tv series, got underway this month. the real downton abbey has survived many more seasons than that. with martha teichner we're all invited on a tour. >> reporter: downton abbey fans will recognize it instantly. so this is like the downton abbey picture with the dog in it. except in real life, the house is called high clear castle. tell me about this room. >> the beautiful library. iconic because it is much beloved by downton abbey fans >> reporter: instead of the fictional earl of grantham and his family, high clear's actual owners are the 8th earl and lady fiona and jordy to their friends one of them who happens to be the creator of downto
FOX
Jan 17, 2013 7:00am PST
investors more optimistic about the economy. the dow is up 69. the nasdaq is up 18. s&p up 7. >>> an influential group of business leaders is pushing for an increase in the full retirement age. the business round table made up of large company's ceos -- companies' secretary of state, says the retirement age should gradually go up to 70. the group is proposing the older retirement age apply for both social security and medicare. members also want to partially privatize healthcare for older americans. they say their plan to help preserve social security and medicare for all americans. >>> 8:44. let's bring you up to date on some of the other top stories we're following for you right now. algerian forces reportedly raided a natural gas plant trying to free dozens of foreign hostages including americans held by militants. but the militants say 35 hostages and 15 kidnappers were killed by algerian military helicopters. they also say that seven hostages including two americans survived. no comment yet on this by the algerian government. >>> back this country, notre dame football st
CSPAN
Jan 14, 2013 7:00am EST
the value of my house. the economy went south on us. now the banks are sending us these low interest rates. i go back to refinance the house or remorse reached the house at 6.75%. bank tells me i do not make enough income or income to debt ratio for the house. i do make enough to pay the 6.75%. if the given the lower rate, i would be saving $1,000 a month. what can be done about that? guest: there are many, many borrowers who are having trouble refinancing their home loans. i hear from a lot of them. it is a real problem. we had a pendulum that had swung out into the wild west or anybody that was breathing got a mortgage. now it has swung the other way. the banks are being ultra cautious and requiring owners disclosures and very conservative income levels. i think there is an element of your story that questions -- does the bank wanted about the 6.75% interest that you're paying on your mortgage. that is a rich interest level in this environment. you have to wonder if the bank isn't holding on to your loan to maintain that high level of interest. i wonder if the might be worth your while t
FOX News
Jan 14, 2013 3:00am PST
the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the question today is, that a regresssive tax? >> yes. >> peter: as you economists say? >> yes. >> peter: what does that mean? >> everybody pays it. no relation to how much you earn. it's how much you spend. you pay tax according to what you spend. a sales tax, it tax consumption. so in that sense, yes. it is regresssive. but on the other hand, if the absence of income taxes creates a growing economy, everybody wins from that. >> peter: some states don't have income tax. >> there are seven. i'll read them, alaska, florida, nevada, south dakota, texas, washington, and wyoming. on the map. these states have no income taxes at the state level. louisiana wants to become the eighth state and north carolina, may become the ninth state. even oklahoma, they, too, are considering getting rid of personal income taxes at the state level. >> peter: these are in s
FOX News
Jan 15, 2013 7:00pm PST
understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort may increase your risk of lung infections, osteoporosis, and some eye problems. tell your doctor if you have a heart contion or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly
FOX News
Jan 13, 2013 3:00am PST
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NBC
Jan 20, 2013 6:00am EST
for the economy, and they would rather fight on things like shutting the governor down or automatic spending cuts going into effect, and they think that forces the president to negotiate. >> on "meet the press" this morning, what do you have? >> we will talk about the big issues dominate, the guns and debt, and senator schumer, and we have a political roundtable as we tee up the big things facing the president. >>> let's check in with chuck. >> beautiful weather outside early on your sunday morning. a cloudless sky over washington and the early morning rays of sunshine brightening our eastern sky, and a golden glow on the eastern horizon this morning. it's not cold at all outside this morning. the temperature at national airport, 41 degrees, and you say, it's chilly outside. our average high temperature this time of the year is 43. so this is a mild start for sure. that southwesterly breeze at 9 miles per hour has a hint of a windchill out there so you will need some sort of a jacket outside if you will spend anytime outside. 30 degrees in manassas. that's one of the cold spots by far. many areas
CNN
Jan 14, 2013 4:00am PST
. the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >> welcome back. we're coming to you this morning live from newtown, connecticut. today marks one month since the tragic shootings that took so many young lives and so many lives overall. vice president joe biden is going to be meeting with the house of representatives, and finalize the recommendations that he'll give based on meetings that he has had with his gun task force and groups across the country. he is expected to recommend a couple of things. universal background checks and limiting high capacity magazines as well as encouraging more research into links between violent media and gun violence. >> first of all, it's sobering to be in this place here at this time. i just want to say that. i think the president is going to be more aggressive here in his second term on this. i mean, gun control is an issue that divides the country very closely. i think almost exactly in half. the reality is that the half of the country that
Search Results 0 to 29 of about 30 (some duplicates have been removed)